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Full-Time

Real Assets Fund Accounting & Administration – Senior Associate

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$50k - $83.8kAnnually

Mid, Senior

Atlanta, GA, USA

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Requirements
  • A college degree (accounting preferred) and at least 3+ years of general ledger accounting or audit experience
  • Advanced Excel skills (advanced formulas, pivot tables, vlookup)
Responsibilities
  • Maintaining the general ledger for various fund entities
  • Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
  • Preparing financial statements and footnote disclosures
  • Analytical review of monthly/quarterly investment and fund performance data
  • Reviewing and/or preparing of capital calls, distributions and bank reconciliations
  • Preparing management, annual and incentive fee calculations
  • Preparing various client correspondences
  • Calculating waterfalls and capital account allocations
  • Ensuring compliance with legal documents
  • Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel
  • Be part of Special projects as requested

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

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